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IBM to pay $1.5 bil to shed its costly chip division

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By MICHELLE CHAPMAN

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I find this report stunning for the fact that a company as big as IBM has so grossly mismanaged its assets so badly that they are forced to pay to take them away.

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Bummer that it didn't work out for them. I guess they missed mobile even more than Intel.

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I wonder if IBM still makes the Itanic (Opps, Itanium) chip.

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